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Lee Biggins, founder and managing director of CV-Library, said: “It’s fantastic to witness the job market growing at such an impressive rate year-on-year and month-on-month in Bristol.

“With businesses in the area keen to attract only the best candidates to their job roles, it’s positive to see that companies are pushing their salaries up in order to offer competitive pay packages to talented recruits.

“Competition to attract skilled workers is fierce; the offering of strong pay packages is clearly one tactic that companies in the city are using in an effort to stay one step ahead of their competition.”

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The statistics show despite the increase in pay, applications saw a drop of 6.1 per cent, when comparing year-on-year data.

Alongside this, total candidate applications fell by 13.5 per cent in relation to January 2017, suggesting that despite the rise in salary and job offerings, candidate appetite is not keeping pace.

Mr Biggins added: “It’s unsurprising to see application rates dropping off after January; the mantra of ‘New Year, new me’ means that January is traditionally one of the busiest periods for recruiters, with job applications vastly increasing in number.

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“The challenge for businesses now is to tap into this talent pool while it’s still available. As a result, we’re seeing increasingly fierce activity from companies, with job postings and salaries on the rise.

“All this bodes well for the candidates out there looking for their next move, with companies keen to bring in the best talent.”